Sterlite Group names Sumil Mathur as new group CFO

MUMBAI: Sterlite Electric, Resonia Ltd., and Serentica Renewables have announced the appointment of Sumil Mathur as group chief financial officer (group CFO).

With nearly 30 years of leadership experience, Sumil is set to steer the group’s financial strategy, governance, and capital framework. He will oversee risk management and financial transformation to fuel sustainable growth and long-term value creation across the companies.

Before joining Sterlite Group, Sumil served as CFO and COO at Emaar India Limited, where he helped shape the company’s post-demerger strategy. His tenure was marked by tighter financial discipline, value creation through asset monetisation, and building scalable project pipelines aligned with long-term objectives.

Sterlite Electric managing director and Resonia Limited and Serentica Renewables chairman Pratik Agarwal, welcomed the appointment, he said, “We are thrilled to have Sumil Mathur on board. His experience in financial leadership and complex transformations will be invaluable as we scale our platforms and strengthen foundations to support growth.”

Sumil Mathur commented, “I am excited to join the group at a time when it is playing a key role in strengthening power infrastructure and driving India’s energy transition. I look forward to working with the team to enhance financial resilience and create long-term value for stakeholders.”

Sumil’s career spans senior roles at HCL, Indus Towers, Airtel, and JCB, giving him extensive exposure across infrastructure, real estate, telecommunications, and manufacturing. His expertise covers large-scale project execution, capital planning, and aligning financial strategies with business priorities.